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Pico Projector Market: Top Impacting Factors and Investment Pockets | Major Players are MicroVision, Aaxa Technologies, LG Electronics, Lenovo Group, Optoma Technology Corp

06-06-2020 08:41 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Pico Projector Market

Pico Projector Market

The Pico projector market holds high potential for the display industry. Presently, there is an increase in demand for the pico projectors from developing countries such as China, India, and others. Companies in this industry adopt various innovative techniques to provide customers with advanced and innovative product offerings.

According to a recent report published by Allied Market Research, titled, Global Pico Projector Market by Technology, Product, Application, and Compatibility: Global Opportunity Analysis and Industry Forecast, 20172023, the global pico projector market was valued at $749 million in 2016, and is projected to reach at $5,002 million by 2023, growing at a CAGR of 31.1% from 2017 to 2023.

Texas Instruments, Inc., MicroVision, Inc, Aaxa Technologies, Inc., LG Electronics, Inc., Lenovo Group Ltd., Optoma Technology Corp., Syndiant, ZTE Corporation, Celluon, Inc., and Miroir USA are key market players that occupy a significant revenue share in the pico projector market.

Download Sample of this 250+ Pages Research Report: https://www.alliedmarketresearch.com/request-sample/120

The compactness and flexibility of the pico projectors make way for the growth of the market. In addition recent technological advancements also contribute to the market growth. However, Low brightness, and short battery backup of the pico projector impedes the growth of the market. In the near future, rise in demand for the consumer electronics, and increase in disposable income of people is expected to create lucrative opportunities for the key players operating in the pico projector market.

Pico projector is an emerging technology, which applies the use of an image projector present inside the handheld device. In addition, advancements in technology used in pico projectors makes them more powerful, less expensive, and smaller in size as well.

Among the analyzed geographical regions, Asia-Pacific is expected to account for the highest revenue in the global market throughout the forecast period (2017-2023) followed by North America, Europe, and LAMEA. However, LAMEA is expected to grow at a higher growth rate, predicting a lucrative market growth for pico projectors.

Get detailed COVID-19 impact analysis on the Pico Projector Market: https://www.alliedmarketresearch.com/request-for-customization/120?reqfor=covid

Pico Projector Key Market Segments:

By Technology

Digital Light Processing (DLP)
Laser Beam Steering
Holographic Laser Projection
Liquid Crystal on Silicon (LCoS)

By Product

Embedded
Non-embedded/Standalone
USB

By Application

Consumer Electronics
Business & Education
Others

By Compatibility

Laptop/Desktop
Smartphones
Digital Camera
Portable Media Players
Others

By Region

• North America

o U.S.
o Canada
o Mexico

• Europe

o UK
o Germany
o France
o Spain
o Russia
o Italy
o Rest of Europe

• Asia-Pacific

o China
o India
o Japan
o South Korea
o Australia
o Rest of Asia-Pacific

• LAMEA

o Latin America
o Middle East
o Africa

https://www.whatech.com/market-research/semiconductor-and-electronics/642949-pico-projector-market-sales-will-generate-revenue-of-5-002-0-million-by-2023-cagr-of-31-1

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Web: https://www.alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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